Home / Business and Economy / Punjab & Sind Bank Profit Soars 19.3% in Q3 FY26
Punjab & Sind Bank Profit Soars 19.3% in Q3 FY26
17 Jan
Summary
- Net profit surged 19.3% to ₹336.4 crore in Q3 FY26.
- Gross NPAs fell to 2.60% and net NPAs to 0.74%.
- Total business grew 11.84% year-on-year to ₹2,49,691 crore.
Punjab & Sind Bank reported a strong Q3 FY26, with its net profit jumping 19.3% to ₹336.4 crore from ₹282 crore in the same period last year. This increase was driven by a 5% rise in net interest income to ₹986.2 crore, reflecting improved business momentum.
The bank's asset quality continued to strengthen during the quarter. Gross non-performing assets (NPAs) declined to 2.60%, down from 2.92% in the previous quarter, while net NPAs eased to 0.74% from 0.83% sequentially. Total business grew by 11.84% year-on-year to ₹2,49,691 crore as of December 31, 2025.
Deposit growth was also positive, with total deposits increasing by 9.27% year-on-year to ₹1,39,203 crore. Gross advances saw a substantial year-on-year rise of 15.25%, reaching ₹1,10,488 crore, and the credit-deposit ratio improved to 79.37%.
